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Fully Renovated Office Suite
For Lease
$15 SF/Yr

1116 Sarno Rd, Melbourne, FL 32935

Fully renovated office space available for lease, suitable for office use.

Space SizeContact for details
Days on Market58

Property Features for 1116 Sarno Rd

General Information

Standard status Active
Listing Agency: Pinnacle Realty of Florida Corp
Listed By: Janet Regalado · License #3401491
Source: Thepennteam
Added: Jul 20 Changed: Sep 8 Last Checked: Sep 14 at 6:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Realty of Florida Corp

Investment Insights

Based on property information with market context.

This fully renovated space is offered for rent and is suitable for office use. The property is presented as a move-in-ready option for a business looking for updated interior condition.

The space is located at 1116 Sarno Rd in Melbourne, FL.

The rental listing is for a 4,000-square-foot office setup.

Key Highlights

  • Fully renovated office space available for lease
  • Suitable for office use

Property Analytics

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Open Analytics

Current Use

Pinnacle Mortgage of Melbourne Loan Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Pharmacy Plumbing Service Barber Shop Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,062
Businesses Nearby

Demographics for 32935, FL

41,837
Population
20,338
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
13.1 sq mi
ZIP Area
3,194
Density / Sq Mi
$63,841
Median Household Income
$38,094
Median Earnings
$1,404
Median Rent
$240,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Melbourne, FL

$18.63 /SF/Yr
Avg Asking Price
$1.61–$47.11 /SF/Yr
Price Range
13,345 SF
Avg Space Size

This space is priced 20% below the average of $18.63 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Fully renovated office space available for lease, suitable for office use.
Where is this office units located?
The property is located at 1116 Sarno Rd Melbourne, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Fully renovated office space available for lease; Suitable for office use
More about this property
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